Wakefield Retail

Wakefield

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,830
As of: May 18, 2017

Wakefield Rates

On average, listings lease in the $20's per square foot per year. The Wakefield region is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 11% decline in rent.

Compared to the rest of the Greater Boston market, the Wakefield region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Wakefield Listing Supply

In the last 90 days, 5 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,830 sqft. Most properties in this region are around 4 floors. Most buildings in this market were built in 1983 and are Class A.

Wakefield Community

Market Report

Trends and status of the commercial real estate market in Wakefield.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Wakefield.
Research

Wakefield Submarkets